Explain what is meant by the term E-commerce. Your answer should use two examples from the case study. [6 marks] Purchase and sale of products and services by businesses and consumers in electronic environment without using any paper documents. E-commerce is thought to be the purchase and sale of products online, but any transaction that is only completed with electronic measures can be considered e-commerce. E-commerce is divided into three categories: B2B from business (Cisco), from business world to consumer or B2C (Amazon) and consumer to consumer or C2C (eBay). For example, buying items from the Argos website and people can check the latest prices and availability of items.

2. Explain four terms/conditions of the Consumer Credit Act that must be addressed when a customer is applying for an Argos credit card.